Forex boost for IOI Corp

Profitable: Excluding the forex gain, IOI said the underlying pre-tax profit in Q2 was up 76% year-onyear at RM649.2mil on a 3.9% higher revenue of RM2.97bil.

Planter’s Q2 profit soars 2,700% on currency gain

PETALING JAYA: IOI Corp Bhd’s quarterly results continued to be affected by foreign exchange (forex) fluctuations, with earnings in the second quarter (Q2) ended Dec 31, 2015 surging 2,700% to RM724.8mil, thanks mainly to a foreign translation currency gain.